Homes sales dropped by 16.6% in El Paso County for the month of January when compared to December 2008.
There were 121 more single family home sales in January 2008 when compared to total single family home sales for January 2009. Although there were fewer sales than this time last year, there were an additional 476 single family homes on the market in January 2007. The average ($198,644) and median ($173,000) sales price decreased when compared to the previous month of December. The median sale price has not been at 173K since March 2002 and the average sale price hasn't been this low since 2001. The average and median home prices will increase once the foreclosures and short sale properties decrease in Colorado Springs.
*Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed
Colorado Springs Realtor Patricia Beck, providing real estate services to home buyers and sellers.
Unlike last month, El Paso County didn't see a significant drop in single family home sales for the month of December; there was a 23.1% drop in single family home sales in November 2008. There has been an overall 44% drop in single family home sales for El Paso County when looking back six months to July 2008. Keep in mind, total home sales do normally decrease during the winter months in Colorado Springs.
There were 149 more single family home sales in December 2007 when compared to total single family home sales for December 2008. Although there were fewer sales than this time last year, there were an additional 434 single family homes on the market in December 2007.
Compared to the previous month of November, the average ($227,376) sale price increased while the median ($180,000) sales price decreased. The median sales price was last seen at $180,000 in November 2003. El Paso County closed out the year with 8,339 total single family home sales; 1,656 fewer sales than in 2007.
*Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed
Colorado Springs Realtor Patricia Beck, providing real estate services to home buyers and sellers.
Looking over the last six months, home inventory decreased by 24.3% for the month of December 2008 when compared to July 2008. Single family home inventory in the Pikes Peak MLS has also decreased by 8% when comparing December 2007 to December 2008.
Looking at stats for December 2008, Single Family Home inventory in the Pikes Peak MLS is sitting at 10 months (compared to 11 months in November). Colorado Springs will reach a balanced market when inventory drops down to 6 months.
For the most current inventory in El Paso County, please visit the Colorado Springs Market Information page on my website.
*Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed
The area you decide to purchase a home in can be driven by many factors whether you want to live near work, in a specific school district, a low-crime neighborhood, or in an area that aligns with your lifestyle. Once you find a home in an area that suits your needs, there are a few resources available right at your fingertips.
Curious about crime in an area? Here are a few websites that you will find helpful:
For information about schools in an area:
Neighborhood and area Info:
Find out if there are Sex Offenders in the area:
Search the Pikes Peak MLS
For information on the buying process and available Homes in Colorado Springs please go to www.patricia-beck.com.
Many of us create goals for the upcoming New Year in hopes of becoming more successful, shedding pounds, or becoming more disciplined with our finances. Goals can help us focus and work toward achievements but they are worthless if we don't apply them in any way.
You can read books, write down goals, or place yourself around positive and successful people but if you don't apply what you learn or read, you cannot make progress. Sure, writing down your goals for next year may make you feel good inside, but what's the use if those goals sit in your desk drawer all of 2009?
We often spread ourselves so thin that it becomes difficult to stay disciplined. Try focusing on a few key areas in your life and you will begin to see the power of application at work. Without discipline or goals for your business, it will be hard to survive in Real Estate. In order to succeed in something, half of the battle is actually applying yourself!
Patricia Beck – Selling Colorado Springs Homes
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Colorado Springs Real Estate, assisting home buyers and sellers in the Colorado Springs area, El Paso County, and Pikes Peak Region.
Colorado Springs is just south of Denver and many people from the Colorado Springs Area commute to Denver for work (approximately 1 hour). Colorado Springs is located close to the mountains and many homes in the area offer breathtaking views of Pikes Peak, one of Colorado's 54 fourteeners. Many religious organizations and churches make their headquarters here as well as a large number of military installations: Fort Carson, Peterson AFB, Schriever AFB, US Air Force Academy, and NORAD. The city is currently home to the United States Olympic Training Center and the headquarters of the United States Olympic Committee. With a variety of nearby outdoor activities including: hiking, biking, skiing, fishing, and camping there is always something new to discover in Colorado. Colorado Springs averages 250 days of sunshine per year and the winter season is usually pretty mild, although, we have received quite a bit of snow over the past few years! If you like skiing or snowboarding, various ski resorts can be accessed within a couple hours of driving and Hwy 24 is a great shortcut to utilize in order to avoid the ski traffic on I-70. Colorado Springs is growing quickly and many new homes are being built on the east side of town along the Powers corridor including Corderra and Wolf Ranch in addition to areas in Black Forest, Falcon, and Peyton (Woodmen Hills and Meridian Ranch). If you enjoy more privacy and like the mountain feel, Woodland Park is a beautiful place that is only 30 minutes out of town and has many conveniences in town such as a new Wal-Mart, grocery stores, restaurants, and a new hospital. You can learn more about the Colorado Springs areas and School Districts on my website.
There are so many activities in the Colorado Springs and Surrounding areas that you do not have to drive very far!
Cave of the Winds- Off of Hwy 24, this attraction can be a great family outing. Cave tours vary from walking through with a guide (approx. 45 minutes) to view the beautiful crystallized icicle shaped stalactites and stalagmite columns and formations coming up from the cave floor to extended spelunking or caving tours. Hiking/Biking- A 30-45 minute drive can lead you to some beautiful hiking areas around Colorado Springs. Please take a look at the list below for various hiking/biking trails in the area....
Garden of the Gods- This national park has walking and biking trails throughout and if you are a rock climber, you will definitely want to make a visit! It can get crowded by tourists since it is one of Colorado Spring's greatest attractions. The rock formations are truly amazing and if you look closely, you will spot one rock feature, Kissing Camels that looks like two camels facing each other with their lips touching. There is a visitor's center right outside of the park that offers information about how the rocks were formed over time, very interesting!
For more information about local hiking or biking trails you may contact Colorado Springs Parks and Recreation at (719) 385-5940.
Pikes Peak- Colorado Springs is situated at the base of Pikes Peak which stands at 14,115 feet. Depending on your health and athletic skill level, there are a variety of ways to enjoy Pikes Peak. If you are not a hiker, you may access the top of Pikes Peak by the Cog Railway, driving, or hiking to the very top of the fourteener (make sure you start early), or by hiking half-way to base camp. If you would like a good workout, try hiking the incline (stairs alongside the cog railway) some people can do it in 20 minutes! The weather can change quickly on Pikes Peak so make sure you are prepared and if you have problems with altitude sickness, going to the top of Pikes Peak is probably not a good idea.
Manitou Springs- Manitou Springs is off of Hwy 24 and at the base of Pikes Peak. You can spend a whole day here walking through the town and looking inside all of the unique shops and learning about the history of Manitou Springs. If you decided to stay the night, there are many unique places to stay including bed & breakfasts, motels, and campgrounds. There are some great restaurants to try out; the Mona Lisa Fondue Restaurant being my favorite. Don't forget to stop by the Penny Arcade; it is great fun for adults and children alike! Multiple buildings make up the Penny Arcade and there are hundreds of games to choose from as well.
Seven Falls- Minutes from downtown Colorado Springs and located at 2850 S. Cheyenne Canyon Road, you will find the cascading Seven Falls. Climb the long stairway alongside the falls and take in the views of Colorado Springs from above. If you do not want to climb the 224-step stairway, there is also a mountain elevator that can offer awesome views of the falls.
Cheyenne Mountain Zoo- Did you know that this is the only mountain zoo in the United States? Many of the walkways are sloped and hilly so you will get a workout too! Unlike the Denver zoo, you can get very close to the giraffes and feed them (kids love feeding the giraffes). Admission to the zoo is $12 for adults, $10 for senior citizens, and $6 for kids. There are often new exhibits to explore at the zoo so if you haven't been there in a while you may want to take another look!
May Natural History Museum- This is such a neat place to visit! It is located off 710 Rock Creek Canyon Rd. near Hwy 115. The John May Museum Center is comprised of the May Natural History Museum and the Space Museum. I didn't care much for the Space Museum but the May Natural History Museum was well worth the visit. The exhibits are just amazing; from enormous tropical insects, spiders, and beetles to beautiful butterflies. The museum is open from May 1st through October 1st and I will definitely have to write a post about it when I go this spring so you can get a better idea about what this museum is all about. It is not very large but you can spend hours there! Oh, and one important detail: the invertebrates on display are not alive!
Rocky Mountain Dinosaur Resource Center (RMDRC) - RMDRC is only a few years old and located off of Hwy 24 in Woodland Park. There are many exhibits of dinosaurs and prehistoric reptiles to view at RMDRC including more than 30 life size specimens. Exhibits do change periodically and there is a working fossil laboratory in-house to view as well.
If you are thinking about moving to Colorado Springs, feel free to go to my website to find homes for sale in various areas of Colorado Springs. For more information on Rent vs. Buy, How much House you can afford, or the buying process please visit my website at http://www.patricia-beck.com.
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